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Morguard Real Estate Investment Trust TSX:MRT.UN Stock Report

Last Price

CA$5.51

Market Cap

CA$355.4m

7D

0.5%

1Y

4.4%

Updated

12 Jun, 2024

Data

Company Financials +

Morguard Real Estate Investment Trust

TSX:MRT.UN Stock Report

Market Cap: CA$355.4m

MRT.UN Stock Overview

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.

MRT.UN fundamental analysis
Snowflake Score
Valuation3/6
Future Growth3/6
Past Performance0/6
Financial Health0/6
Dividends2/6

Morguard Real Estate Investment Trust Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Morguard Real Estate Investment Trust
Historical stock prices
Current Share PriceCA$5.51
52 Week HighCA$5.74
52 Week LowCA$5.20
Beta1.43
1 Month Change2.99%
3 Month Change2.80%
1 Year Change4.36%
3 Year Change-22.28%
5 Year Change-54.84%
Change since IPO-21.29%

Recent News & Updates

Recent updates

Here's What Analysts Are Forecasting For Morguard Real Estate Investment Trust (TSE:MRT.UN) After Its Yearly Results

Feb 18
Here's What Analysts Are Forecasting For Morguard Real Estate Investment Trust (TSE:MRT.UN) After Its Yearly Results

Should Shareholders Have Second Thoughts About A Pay Rise For Morguard Real Estate Investment Trust's (TSE:MRT.UN) CEO This Year?

Apr 29
Should Shareholders Have Second Thoughts About A Pay Rise For Morguard Real Estate Investment Trust's (TSE:MRT.UN) CEO This Year?

Shareholder Returns

MRT.UNCA REITsCA Market
7D0.5%-3.0%-1.1%
1Y4.4%-10.5%9.9%

Return vs Industry: MRT.UN exceeded the Canadian REITs industry which returned -10.3% over the past year.

Return vs Market: MRT.UN underperformed the Canadian Market which returned 9.7% over the past year.

Price Volatility

Is MRT.UN's price volatile compared to industry and market?
MRT.UN volatility
MRT.UN Average Weekly Movement2.4%
REITs Industry Average Movement2.4%
Market Average Movement8.4%
10% most volatile stocks in CA Market17.1%
10% least volatile stocks in CA Market3.0%

Stable Share Price: MRT.UN has not had significant price volatility in the past 3 months.

Volatility Over Time: MRT.UN's weekly volatility (2%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1997n/aKuldip Sahiwww.morguard.com

The Trust is a closed-end real estate investment trust, which owns a diversified portfolio of 46 retail, office and industrial income producing properties in Canada with a book value of $2.3 billion and approximately 8.2 million square feet of leasable space.

Morguard Real Estate Investment Trust Fundamentals Summary

How do Morguard Real Estate Investment Trust's earnings and revenue compare to its market cap?
MRT.UN fundamental statistics
Market capCA$355.44m
Earnings (TTM)-CA$106.06m
Revenue (TTM)CA$256.32m

1.4x

P/S Ratio

-3.3x

P/E Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
MRT.UN income statement (TTM)
RevenueCA$256.32m
Cost of RevenueCA$129.33m
Gross ProfitCA$126.99m
Other ExpensesCA$233.06m
Earnings-CA$106.06m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-1.65
Gross Margin49.55%
Net Profit Margin-41.38%
Debt/Equity Ratio135.9%

How did MRT.UN perform over the long term?

See historical performance and comparison

Dividends

4.4%

Current Dividend Yield

-579%

Payout Ratio
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